REnergy Dynamics Enters Renewable Energy Market, Targets Rs 5,000 Cr Order Book
REnergy Dynamics (RED) has entered the renewable energy sector and aims to secure an order book worth Rs 5,000 crore by 2029, with projects currently underway valued at Rs 575 crore.
New Delhi, May 27 (PTI) REnergy Dynamics (RED) on Monday said it has forayed into the renewable energy sector and is targetting an order book of Rs 5,000 crore by 2029.
It has Rs 575 crore worth of projects under various stages of execution, the company said in a statement.
"REnergy Dynamics is targeting to close orders worth Rs 5,000 crore by 2029," it said.
This business will primarily come from four focus areas namely large-scale bioenergy projects, engineering, procurement, and construction (EPC) services to renewable energy developers, feedstock aggregation and its supply to compressed BioGas (CBG) projects and manufacturing and supply of biogas plant components, the company said.
It has Rs 575 crore worth of projects under various stages of execution, the company said in a statement.
"REnergy Dynamics is targeting to close orders worth Rs 5,000 crore by 2029," it said.
This business will primarily come from four focus areas namely large-scale bioenergy projects, engineering, procurement, and construction (EPC) services to renewable energy developers, feedstock aggregation and its supply to compressed BioGas (CBG) projects and manufacturing and supply of biogas plant components, the company said.
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